Carvel vs CherryBerry Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Carvel vs CherryBerry including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Carvel Franchise
CherryBerry Franchise
Investment $250,600 - $415,500$360,000 - $466,000
Franchise Fee $30,000$25,000
Royalty Fee $2.44/gal.-
Advertising Fee $2.13/gallon-
Year Founded 19342008
Year Franchised 19472008
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee Then current fee-


Business Experience Requirements

 
Carvel Franchise
CherryBerry Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Carvel Franchise
    CherryBerry Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Carvel Franchise
    CherryBerry Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Carvel Franchise
    CherryBerry Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Carvel

    In 1934 Tom Carvel opened his first ice cream shop in Hartsdale, New York. Over the years, he developed formulas and equipment for creating and serving his ice cream. The company started franchising in 1947, and by 1951 had opened 100 stores. Today the company distributes its line of ice cream, cakes, pies and other treats in its own locations and in stadiums, club stores and supermarkets.

    The total investment necessary to begin operation of a Shoppe selling a full range of Carvel® products (a “Full Shoppe”) ranges from $250,600 to $415,500. This includes $30,000 to $32,000 that must be paid to the franchisor or their affiliates.
    The total investment necessary to begin operation of a Shoppe selling selected Carvel® products (an “Express Shoppe”) ranges from $39,600 to $148,400.
    The total investment necessary to begin operation of an Express Shoppe within the space of another restaurant, food service facility, or business approved by the franchisor (a “Hosted Express Shoppe”) ranges from $33,100 to $66,500. These total investment estimates for Express Shoppes and Hosted Express Shoppes include $10,000 to $12,000 that must be paid to the franchisor or their affiliates.
    The total investment necessary to begin operation of a Shoppe in an ice cream truck (an “Ice Cream Truck”) is $95,050 to $195,000. This includes $5,000 to $7,000 that must be paid to the franchisor or their affiliates.

    "Entrepreneur
    #361 in Franchise 500 for 2020.
    #273 in Franchise 500 for 2021.



    About CherryBerry

    "Home"

    Establishing a small business on your own can be tough. This is why many choose to go with an established brand. At CherryBerry, we have an incredible culture that focuses on our franchisees’ success. Riding on several decades of franchising experience with our parent company, Rocky Mountain Chocolate Factory, we have developed a system that will help you jump-start your business and provide you with a competitive advantage in your market. As a franchisee, you will have access to all of our support systems and expertise as well as our trade secrets and unique strategies.
    Our constant efforts and economies of scale help keep product costs low and consistent product available. Additionally, you will benefit from CherryBerry's brand recognition and the integrity of the CherryBerry name.
    Frozen yogurt sells well in warmer months while chocolate sells well in cooler months. Through a special arrangement with our parent company, Rocky Mountain Chocolate Factory, you can add a complementary offering of fine chocolates and caramel apples to expand your market.
    CherryBerry’s premium and top-quality distinctive flavors are developed by some of the most knowledgeable yogurt innovators in the industry. Our product is certified to contain live and active cultures to promote good health, plus its creamy texture, original flavors and extensive toppings have been praised by the masses as the best tasting and highest quality frozen yogurt available. The CherryBerry name assures your customers that they can expect the same great quality frozen yogurt time after time.
    We provide you with an excellent business model which includes all the necessary training and assistance you’ll need to create a thriving business. Our staff includes experts in real estate, construction, training, operations and marketing.